Sentences with phrase «life insurance money when»

You'll pay fees if you tap into your life insurance and your survivors won't get that life insurance money when you die.

The children will receive any unspent life insurance money when they reach the legal age of adulthood.

Not exact matches

More from Your Money Your Future: When you need life insurance in your 20s and 30s Learn from Johnny Depp's money disputes This is the biggest problem plaguing older Americans Money Your Future: When you need life insurance in your 20s and 30s Learn from Johnny Depp's money disputes This is the biggest problem plaguing older Americans money disputes This is the biggest problem plaguing older Americans today

Please note that when you borrow money from a life insurance policy, it doesn't show up as income and has no impact on financial aid or the tax rate on Social Security benefits.

This is different from a commissioned salesperson, who earns money when they sell a financial product, such as life insurance or a mutual fund.

Basically, someone with a terminal disease would sell his or her life insurance policy at a discount so they could have money to pay medical bills and what not and then when that individual died, the buyer would cash in the full amount of the policy.

An immediate annuity is when the client gives a lump sum of money to the insurance company & the insurer guarantees a monthly income as long as the client lives.

I don't think it's so much about the levites being paid for their service it's about us doing what's right toward Pastors that must feed and tend to the flock of GOD if GOD has called them.JESUS even said in luke 10:7 that the laborers are worthy of their wages.In luke 8 1 - 4 it's says even JESUS HIMSELF recieved financial support from the women who ministered to him with their possessions.Now most people today would say he should have been ashamed of taking money from those poor women but JESUS accepted their support and they was blessed for sowing onto the LORD»S work.1 Corinthains 9:1 - 15 says dint muzzle the ox while it tread out the grain was GOD talking about oxes no he was talking about those who labor in the ministry.Who goes to war at their own expense.Or who goes to war but pay for their clothes, guns, etc.No one because the goverment if that country provide these things because of the soilders service.Who plants a vineyard and don't eat from it.Who tends a flock and don't drink the milk of it.I think it's just spiritual sense to support a pastor that's teaching you the word, casting out devils, laying hands and healing is manifesting in people lived, going to hospitails, prisons, and house calls to pray for the sick and shut in, going to graduations and funnerals, praying and fasting for himself and the flock.I think a person who think a pastor shouldn't be paid for their service either don't know they need to be paid and need to be taught or they are demonic in their thinking and either hate GOD, PASTORS, AND GOD»S PEOPLE.Why do nt you hear people saying anything against the dope dealers, strip clubs, dope houses, liquor stores, etc.It's only when people give into the LORD»S work that evil minded or misinformed people have a problem with it.No sir we don't have to use the old testament to show that we should support out pastors.You don't use the law, love tells me to support the pastor.Under the new testament LOVE is the greatest of all.Love for GOD and man.If GOD asked for 10 percent under the law to support the levites who didn't have all the responsibilities of Pastor today.Church rent, gas for vans of thd church, insurance fir the church and church vehicles, feeding and clothing the poor, light, gas, and water bill, mantience on the church or vehicles, not to mention the Pastor own house, cars, children, insurance, etc.If would be foolish for one to think that a pastor should take care if his house and GODS HOUSE without people supporting the work of the KINGDOM OF GOD.If we love GOD we are going to support HIS KINGDOM and HIS PASTOR.If under the law GOD asked for 10 percent how much should we give under the LOVE COVENANT?Example I love my wife and if I had 300 dollars I would surley give her more that 10 percent which would be 30 dollars because I love her.The law says you must give LOVE says I chose to give because I love GOD and man.Again we don't have to use the law just love and spiritual sense because hate and a carnal senses will not understand.Now I have given you scriptures please do the same when you respond not your opinion.Please respond right away I await your answer.GOD BLESS.

Hello I first married at 21 before I was saved to help someone get citizenship, although I was not saved I loved he person and wanted to remain in the marriage, however he did not, I must add we did not live together and we both had relations with other people during marriage, when I got saved before the divorce I wanted to remain in marriage, but he did not, so he divorced me, then I got married again 15 yrs later to a man who wanted to kill me for insurance money, I prayed not to have to pay for divorce, he divorced me, now finally I married a man who has not been incarcerated for 9 of the 10 yrs of our marriage....

Your home and retirement accounts will be counted when your estate is valued for tax purposes, and proceeds from your life insurance could be counted, too, depending on how the policy is owned and who gets the money.

When you pay your insurance premium for a permanent life insurance policy, the money is generally allocated in three portions:

When you're able to self - insure, you're not wasting money on a life insurance policy that's become unnecessary.

If you're required to purchase life insurance as part of a package when borrowing money for business purposes, you can deduct the cost of the premiums, provided certain criteria are met.

Instead, consider life insurance as coverage for the financial realities of death - funeral expenses, and perhaps money to provide grieving time for your family before they resume or take on work [Again, insurance is coverage against catastrophic loss, not a lottery ticket to provide a windfall when the unfortunate happens].

So when setting annuity payments, insurance company actuaries are able to include what are know in insurance circles as «mortality credits,» essentially money that would have gone to annuity owners who die early but that's instead transferred to those who live longer.

This an important advantage when considering permanent life insurance strategies such as the infinite banking concept ®, which is based upon a number of concepts such as the velocity of money and creating financial arbitrage to facilitate other activities such as real estate investing through cash value life insurance.

Whole life insurance will pay out a set amount of money to your beneficiaries when you die, called a «death benefit.»

Universal life insurance is similar to whole life insurance, but the premiums can be paid on a more flexible basis (overpay when you have money on hand, pay less when you don't) and cash value growth is not always guaranteed, as it may be tied to an index or simply the insurer's investment performance.

Life Insurance is a type of insurance policy that will pay out an amount of money to your beneficiaries when you die as long as the premiums have bInsurance is a type of insurance policy that will pay out an amount of money to your beneficiaries when you die as long as the premiums have binsurance policy that will pay out an amount of money to your beneficiaries when you die as long as the premiums have been paid.

I like to make my dollars all do more than one job so I hate it when I have to spend it on money protection (life insurance) or shelter (mortgage) in a way that doesn't give me cash back.

When you pay whole life insurance premiums, a portion goes towards paying the cost of insurance, some is put towards sales and administrative fees, and the rest of the money goes towards the policy's cash value.

When you buy a whole life insurance policy, you're «forced» into putting money into a savings account.

This gives better value for money for non-smokers when it comes to the life insurance premium that they pay.

Basically, someone with a terminal disease would sell his or her life insurance policy at a discount so they could have money to pay medical bills and what not and then when that individual died, the buyer would cash in the full amount of the policy.

If they do go ahead with a reverse mortgage and assuming she only use's the money she receives to pay off the original mortgage (she's very stable on her living expenses and between my father and I the insurance and taxes will be taken care of) would I be looking at a 208,000 loan when this is all said and done or something much higher?»

My father has been pestering me for months to give him my social security number, stating he stppped paying on a life insurance policy (presumably on my life, which was purchased when I was a child, approximately 30 years ago), and he's going to «lose money» if I don't give him my SSN.

However, when you look at your overall financial picture, factor in how much money would no longer be available to support your family and the expenses you are leaving behind, a million dollar life insurance policy might make more sense.

Whether they leave it for their grandchildren, their church or gift it to a favourite charity, permanent life insurance is a way of leaving a large sum of money when they have no other means of doing so.

There are a number of ways you can put the money from your endowment life insurance policy to good use when your policy matures.

So just like you don't rely solely on your income but instead put some money into stocks and interest - bearing accounts for when you have to pay a home down payment or for expenses in retirement, life insurance companies invest the same way (on a much larger scale, obviously) to make sure their costs are covered.

If you have a life insurance policy with your super, your super fund will pay a sum of money to your dependants when you die.

Here is what you should look for when buying life insurance to make sure your family has enough money to maintain their lifestyle after you die.

Annuities are also helpful when you can't get life insurance or you want some long - term care benefits but don't have the money to pay for it out of pocket.

A whole life insurance policy can be a great investment if you have trouble saving money, are not savvy when it comes to the stock market, or are just a very cautious investor who doesn't have the stomach for the ups and downs of equities.

The insurance company makes money, hoping to make enough from premiums and investments that it can afford to pay out benefits when the insured's life ends.

If you had the same amount in cash value in IUL life insurance, which you could take the money any time, and there may be a fee, when you will leave this world, the law in California states the death benefits must be more than the cash value.

If you don't end up needing money for long - term care, your loved ones can still receive a payout from your life insurance policy when you die.

• Capital from life insurance isn't needed in years when there's more money coming in than being spent.

When you borrow money from a well designed cash value life insurance policy, your policy growth can continue without interruption.

When rates were high, this made a lot of sense — you pay lower premiums to get the same amount of cash value or slightly better.However, if the interest rate goes down, your premiums could go up as the life insurance company has to put more money in to maintain the policy's cash - value component.

In case you didn't know, after basic things like wills are all in order, estate planning is basically nothing but using trusts, life insurance, and other strategies to «give your money away without really giving it away,» just so you won't have to pay Federal estate taxes when you die.

When you take out a life insurance loan you are borrowing money from the insurance company's general account, using your cash value as collateral.

When most people think of life insurance, they think of getting a lump sum of tax - free money that families can use to pay off debts and plan for their futures.

The amount of money paid or due to be paid when a person insured under a life insurance policy dies, after adjustments for any outstanding policy loans, dividends, paid - up additions or late premium payments (if applicable) are made.

When your priority becomes ALL ABOUT keeping your money moving and exponentially building wealth, you'll stop comparing cash value life insurance to other investments.

When I started looking into life insurance, I had recently graduated from college and didn't have enough money to purchase a whole life policy, so I bought a term life policy.

When you buy an annuity, you deposit a lump sum of money, and the insurance company agrees to pay you a guaranteed income for a set period of time — or for the rest of your life.

Sure, the surgical costs are high, but with pet insurance, you will be covered when the vet asks you to fork out a ton of money to give your dog a higher quality of life in the long run.

Yes, why save money for your retirement when you don't know whether you are going to live to retirement age, put money in a college fund when you don't know if your child wants to go to college (or is capable of going to college), or buy insurance for your home when you don't know if your home will subjected to some unforeseen damage.

Denial of life insurance or disability benefits when you lack money to support yourself and your family is exasperating.